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12. Gerald contributed P270,000 and Maja contributed P450,000 to form a partnership on April 1, 2015. The H capital and P/L ratio is 3:5, respectively.

12. Gerald contributed P270,000 and Maja contributed P450,000 to form a partnership on April 1, 2015. The H capital and P/L ratio is 3:5, respectively. During their first year of operation, the partne...

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